Regional Features, Patterns and Experience of the Economic Life of the City of Sevastopol in the Second Half of the 19th – early 20th Centuries

The article explores the economic growth of the city of Sevastopol during the second half of the 19th and early 20th centuries, focusing on the most significant sectors of the city’s economy. The authors identify four distinct stages of development in the city during this period. The first stage, which lasted from the late 1850s to the late 1860s, was marked by a period of recession. This was due to limited budget financing and military spending, as well as the ineffectiveness of government stimulus measures. The second stage, which spanned from the early 1870s to the late 1890s, saw active recovery and economic growth. This period was marked by the lifting of restrictions on the fleet’s base in the Black Sea, the construction of the Lozovo-Sevastopol railway, and the transformation of Sevastopol into an independent territorial unit. The third stage, which lasted until 1910, was characterized by stagnation due to the closure of the commercial port and the revolutionary movement. This stagnation was evident in the slow growth of urban incomes, a decrease in foreign trade turnover, and a slow implementation of major projects. The fourth and final stage, which lasted from 1910 to 1915, saw the revival of the city’s economy. This period saw thelaunch of major urban improvement projects such as the construction of a floating sewer system, a hydropathic hospital, a coastal port in Streletskaya Bay, and the completion of a water pipeline. The study concludes that the city’s economy developed quite actively, but at the same time unevenly, due to the influence of various internal and external factors.

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